NOTE 4. NET INCOME PER SHARE

9 Months Ended

Dec. 31, 2023

Notes

NOTE 4. NET INCOME PER SHARE

NOTE 4. NET INCOME PER SHARE

Net income per basic share is computed based on the weighted-average number of common shares issued and outstanding during each period. Net income per diluted share amounts assume exercise of all stock options. The following tables show the components of diluted shares:

	Quarter Ended December 31,
	2023	2022
Weighted average common shares outstanding – basic	4,833,401	4,830,826
Dilutive effect of stock options	3,829	1,542
Shares used in computing net income per share – diluted	4,837,230	4,832,368

	Nine Months Ended December 31,
	2023	2022
Weighted average common shares outstanding – basic	4,832,992	4,830,826
Dilutive effect of stock options	6,733	342
Shares used in computing net income per share – diluted	4,839,725	4,831,168